Global Blue Ammonia Fuel Market –Trends, Insights and Forecast (2020-2027)

  • Publish Date
    September 29, 2020
  • No of Pages
    310
  • SKU Code
    GIR 3983
  • Format

Report Overview

The report will cover the overall analysis and insights in relation to the size and growth rate of the ” Global Blue Ammonia Fuel Market ” by various segments at a global and regional level for the 2014-2027 period, with 2014-2018 as historical data, 2019 as a base year, 2020 as an estimated year and 2020-2027 as forecast period.

Blue ammonia is new feedstock currently under development as part of emerging green energy schemes. Ammonia, a compound consisting of three hydrogen atom and one nitrogen atom, can contribute to addressing the challenge of meeting the world’s growing energy needs in a reliable, affordable and sustainable manner. “Blue” ammonia is produced from hydrocarbons in a traditional process but all the CO2 generated is captured and isolated.

COVID 19 Impacts on Blue Ammonia Fuel Market

COVID-19 is a new strain of coronavirus that has not been previously identified in humans . Coronaviruses (CoV) are a family of RNA (ribonucleic acid) viruses. COVID-19 started in Asia and is now spreading over the rest of the world via person-to-person contact and community spread. COVID-19 pandemic may have an potential impacts on Blue Ammonia Fuel Market.

Report Includes

  • The report provides a basic overview of the industry including definitions, classifications and industry chain structure. The report analyzes and forecast the market size in terms of volume and value.
  • A brief overview of the commercial potential of products, technologies and applications.
  • Discussion of the current state, setbacks, innovations, and the future needs of the market.
  • Detailed discussion regarding impact of product on demand.
  • Up-to-date analyses of market trends and technological improvements in the market
  • Examination of the market by application and by product sizes; utility scale, medium scale and small scale.
  • Company profiles of leading market participants dealing in products category and comprehensively analyze their market rankings and core competencies.
  • The report focuses on detailed profile of major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue, SWOT Analysis, recent development and contact information.
  • Market segments on the basis of type, application, end users, region and others.
  • Country specific data and analysis for United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Switzerland, Australia, India, Italy, Sweden, Spain, Belgium, Netherlands, Norway, Italy, Brazil, Argentina, Mexico, South Africa and 54 other countries.
  • Coverage of historical overview, key industrial development, competitive developments (such as contracts & agreements, expansions, new product developments, and mergers & acquisitions in the market) and regulatory framework.
  • A look at the opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
  • 44data tables and 20 additional tables.

Scope of the report

  • Aramco company said 30t of CO2 captured during the process of producing the blue ammonia will be used by its petrochemicals affiliate Sabic to produce methanol. Another 20t of captured CO2 will be used for enhanced oil recovery at Aramco’s Uthmaniyah field.
  •  The product, which Aramco produced by converting hydrocarbons to hydrogen and then to ammonia, will be used in power plants to generate electricity without producing CO2 emissions. Green ammonia market will be larger than fossil ammonia market.
  •  The use of hydrogen is expected to grow in the global energy system, and this world’s first demonstration represents an exciting opportunity for Aramco to showcase the potential of hydrocarbons as a reliable and affordable source of low-carbon hydrogen and ammonia. This milestone also highlights a successful transnational, multi-industry partnership between Saudi Arabia and Japan.

Recent Developments

  •  Blue ammonia as a part of the global clean energy transition moved from being a pipe dream to a reality when the world’s largest oil company made its first ever shipment of blue ammonia. The world’s first shipment of blue ammonia on 27 September from Saudi Arabia to Japan, where it will be used in power stations to produce electricity without carbon emissions.
  •  Japan will receive 40t of high-grade blue ammonia, which Aramco said has “the potential to make a significant contribution to an affordable and renewable low-carbon energy future (Zero carbon power generation) .”
  •  Japanese trading firm Mitsubishi is overseeing transport logistics for the blue ammonia shipment together with Sabic. Several other Japanese companies, including shipbuilder Mitsubishi Shipbuilding and petrochemical firm Ube Industries, are also involved.
  •  Aramco and the Institute of Energy Economics, Japan (IEEJ), in partnership with SABIC, have successfully demonstrated the production and shipment of blue ammonia from Saudi Arabia to Japan with support from the Japanese Ministry of Economy, Trade and Industry.

Segments covered in the reports

  • On the Basis of Region: North America, Europe, Asia-Pacific and LAMEA.
  • On the Basis of Countries: United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Switzerland, Australia, India, Italy, Sweden, Spain, Belgium, Netherlands, Norway, Italy, Brazil, Argentina, Mexico, South Africa and 54 other countries.
  • On the Basis of Product Type: energy, fuels and fertilizer.

Major Players in the Global Blue Ammonia Fuel Market are:

BP, China National Petroleum, Chevron Corporation, ExxonMobil, Phillips 66, Kuwait Petroleum Corp, Lukoil ,  Royal Dutch Shell, Sinopec, Saudi Aramco, Total, Valero, Gazprom

Report coverage

  • Recent Trend and Developments: The major players operating in the global market have adopted key strategies such as product launch and acquisition to strengthen their market outreach and sustain the stiff competition in the market.
  • Key Market Players: Key players list and Key companies profiled in this market include.
  • Revenue forecast, company share, competitive landscape and growth factors.

Objectives of the study

To provide detailed information regarding drivers, restraints, opportunities and challenges are influencing the growth in the respective market. To analyze the competitive intelligence of players based on company profiles and their key growth strategies. To strategically analyze micro markets with respect to the individual growth trends, their prospects, and their contribution to the total respective market. To analyze competitive developments such as expansions, and product launches, along with research & development (R&D) activities undertaken in the respective market. A unique model is created customized for each study also offers suggestions that help enterprises to identify and mitigate risks.

Note –

  • Global Industry Reports will also support you post-purchase for a period of 6 months to answer any of your queries related to the following market and to provide you any more data if you need, for your analysis.
  • Also, you can buy some selected Chapters from the report.

FREQUENTLY ASKED QUESTIONS?

  • What is the total market value?
  • What will be the growth in 2027?
  • What are the key trends in the market?
  • What are the major players in the markets?
  • What are the key growth strategies of industry players?
  • Which region would offer a higher growth?
  • What are the countries included in the rest of the word segments?
  • How can I get report sample?
  • Executive Summary
  • Research Methodology
    • Primary Research
    • Secondary Research
    • Market Analytics
    • Revenue Forecasting
  • Market Overview
    • Market Definition
    • Scope of the Study
      • Research Objectives
      • Assumptions & Limitations
      • Market Structure
    • Market Dynamics
      • Introduction
      • Microeconomic Factor Analysis
      • Market Evolution
      • Technology Roadmap
      • Demand-Supply Dynamics
      • Growth Drivers
      • Restraints
      • Opportunities
      • Challenges
      • Sustainable Strategies
    • Market Trend Analysis (Product Analysis, Technology Analysis, Application Analysis)
    • Industry Analysis
      • Profitability analysis
      • Supply Chain & Value Chain Analysis
      • Porter’s Five Forces Analysis
        • Bargaining power of Suppliers
        • Bargaining Power of Buyers
        • Threat of substitutes
        • Threat of new entrants
        • Degree of Competition
      • PEST Analysis
      • Upstream and downstream profitability analysis and opportunities

Global Market Scope

  1. Market analysis by product category
  2. Market analysis by component / type
  3. Market analysis by technology
  4. Market analysis by application
  5. Market analysis by industry vertical
  6. Market analysis by end-use
  7. Market analysis by emerging technologies, trends and applications
  8. Market analysis by region
    • North America
      • US
      • Canada
      • Mexico
      • Others
    • South America
      • Brazil
      • Argentina
      • Chile
      • Colombia
      • Peru
      • Venezuela
      • Ecuador
      • Others
    • Europe
      • Germany
      • France
      • UK
      • Russia
      • Italy
      • Spain
      • Sweden
      • Netherlands
      • Poland
      • Austria
      • Belgium
      • Finland
      • Norway
      • Switzerland
      • Denmark
      • Czech Republic
      • Portugal
      • Others
    • Asia-Pacific
      • China
      • Japan
      • South Korea
      • Taiwan
      • India
      • Australia
      • Indonesia
      • Philippines
      • Malaysia
      • Others
    • Middle East
      • Iran
      • Turkey
      • Kuwait
      • UAE
      • Israel
      • Oman
      • Bahrain
      • Saudi Arabia
      • Qatar
      • Egypt
      • Others
    • Africa
      • Algeria
      • Libya
      • South Africa
      • Sudan
      • Zimbabwe
      • Others
  1. Competitive Landscape
    • Introduction
    • Market share analysis by key market players (North America, South America, Europe, APAC, Africa)
    • Market Strategy
    • Mergers and Acquisitions
    • New Product Launches
    • Asset Transactions
    • Financial Announcements
  2. Company Profile (key market players)
    • Company profile 1
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 2
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 3
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 4
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 5
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 6
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 7
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 8
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 9
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
    • Company profile 10
      • Company Overview
      • Strategic Initiatives
      • Financial Analysis
      • Product Benchmarking
      • SWOT Analysis
  1. Other Companies

150+

Methodology

Research Methodology is the process used to collect information and data for the purpose of making business decisions. The success of a research project is entirely dependent on the research methodology adopted by the company. Research Methodology and Scope We have implemented a mix of primary and secondary research for our market estimate and forecast. Secondary research formed the initial phase of our study, where we conducted extensive data mining, referring to verified data sources such as independent studies, company annual reports, white papers, case studies, government and regulatory published articles, technical journals, magazines, and paid data sources. It was also used to obtain important information about the key players and market classification & segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.

In the primary research process, various primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information important for respective regions. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology and innovation directors, and related executives from key companies and organizations operating in the respective regions. The primary data has been collected through questionnaires, e-mails, and telephonic interviews, end-user surveys, consumer surveys, technology distributors and wholesaler’s surveys.

  • Quantitative methods (e.g. surveys) are best for measuring, ranking, categorizing, identifying patterns and making generalizations
  • Qualitative methods (e.g. interviews) are best for describing, interpreting, contextualizing, and gaining in-depth insight into specific concepts or phenomena
  • Mixed methods allow for a combination of numerical measurement and in-depth exploration.

Market drivers and restraints, along with their current and expected impacts, technological scenario and expected developments, end-use industry trends and dynamics  and consumer behavior trends  these forecasting parameters were considered.

Ethical approach, attention to detail, consistency, latest trend in the market and highly authentic source these are benefits of company’s research methodology.

Global Industry Reports

Market size estimation methodology top-down and bottom-up approaches

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the virtual reality market. These methods have also been extensively used to estimate the sizes of various market subsegments. Estimating the size of the market in each region by adding the sizes of country-wise markets and tracking the ongoing and upcoming implementation of virtual reality projects by various companies in each region and forecasting the size of the virtual reality market based on these developments and other critical parameters, including COVID-19 related impacts

Data Triangulation

After arriving at the overall market size—using the market size estimation processes explained above—the market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. It provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, company profiles, key player strategies competitive developments and key developments) influencing the virtual reality market growth.

Statistical Model

Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis.

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